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Natural gas prices rose on short covering as market players looked ahead

Natural gas prices rose on short covering as market players looked ahead

Natural gas trading range for the day is 208.4-221.4. Natural gas prices rose on short covering as market players looked ahead to weekly storage data to gauge supply and demand level Prices have been volatile in recent weeks, changing course rapidly in response to shifting outlooks in short-term weather patterns. Traders looked ahead to weekly storage data due on Thursday, which is expected to show a draw in a range between 83 and 94bcf.

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